Analysis: IWM is consolidating within a narrowing wedge pattern near the $224-$225 resistance zone. The stock is showing signs of a potential breakout or breakdown as it approaches the apex of the wedge. The MACD is neutral but trending slightly bearish, while the Stochastic RSI is in the mid-range, suggesting indecision among buyers and sellers. Volume has been steady, with resistance near $227 and strong support at $222. A break above or below these levels will likely dictate the next directional move. Key Levels to Watch: * Resistance Levels: * $225-$227: Strong resistance zone, aligning with the second call wall and positive GEX levels. * $228: Extended resistance target. * Support Levels: * $223: Immediate support near the wedge’s lower trendline. * $222: Key support level aligned with the highest negative GEX. * $220: Extended downside support. GEX Insights: https://www.tradingview.com/x/1uz48bys/ * Gamma Exposure (GEX): * Positive GEX peaks at $227-$228, indicating significant overhead resistance. * Negative GEX levels at $222-$220 provide critical support and signal increased volatility if breached. * Options Activity: * IVR: Low at 17, reflecting reduced implied volatility. * Put/Call Ratio: Low put activity at 3.3%, indicating bullish sentiment is stronger. Trade Scenarios: Bullish Scenario: * Entry: Break above $225 with strong volume. * Target: $227 (first target), $228 (extended target). * Stop-Loss: Below $223. Bearish Scenario: * Entry: Break below $223 with increasing selling pressure. * Target: $222 (first target), $220 (extended target). * Stop-Loss: Above $225. Directional Bias: Neutral bias as IWM remains within the wedge pattern. A breakout above $225 or a breakdown below $223 will confirm the next directional move. Actionable Suggestions: * For Scalpers: Focus on quick trades near $223-$225, watching for volume surges. * For Swing Traders: Look for a confirmed breakout or breakdown from the wedge pattern before committing to a position. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk before trading.
Flat opening expected in nifty. After opening it will face resistance zone at 23350-23400 level. Any strong bullish rally only expected above the 23400 level breakout. Downside 23150 act as a support for today's session. Any reversal downside rally can be goes upto this support level in today's session.
As my prediction SPXUSDT will long. I got long entry at 1.0222. Give your oppinions
Analysis: QQQ has been trending downward within a descending channel, currently trading near the $512-$513 level. This range aligns with key GEX resistance and put support, indicating a balance between buyers and sellers. The MACD is bearish, showing downward momentum, while the Stochastic RSI suggests the potential for a relief bounce as it approaches oversold conditions. Volume indicates indecision, with sellers maintaining control but showing some hesitation near the $510-$513 zone. Key Levels to Watch: * Resistance Levels: * $516-$518: Immediate resistance, aligning with GEX call walls. * $520-$522: Critical resistance with strong gamma positioning and call walls. * Support Levels: * $513: First support level. * $511-$512: Key support with significant negative GEX positioning. * $508: Extended downside support within the channel. GEX Insights: https://www.tradingview.com/x/SiVQOI18/ * Gamma Exposure (GEX): * Positive GEX peaks near $520-$522, indicating strong overhead resistance. * Negative GEX at $511-$512 provides a key support zone but signals potential volatility if breached. * Options Activity: * IVR: Low at 16.2, suggesting reduced implied volatility. * Put/Call Bias: Puts dominate at 25.1%, showing bearish sentiment. Trade Scenarios: Bullish Scenario: * Entry: Break above $516 with volume confirmation. * Target: $520 (first target), $522 (extended target). * Stop-Loss: Below $513. Bearish Scenario: * Entry: Break below $511 with increasing selling pressure. * Target: $508 (first target), $505 (extended target). * Stop-Loss: Above $514. Directional Bias: The bias is cautiously bearish as QQQ continues to trade within the descending channel. However, a break above $516 could signal a short-term relief rally. Actionable Suggestions: * For Scalpers: Focus on the $511-$516 range for quick trades in either direction. * For Swing Traders: Monitor key levels around $508-$522 for breakout or breakdown opportunities. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk before trading.
Today will be flat opening expected in banknifty. After opening it will consolidated in range of 49050-49450 level. 49450 level act as a upside resistance for banknifty. If index gives breakout of this resistance then expected strong upside rally of 400-500+ points possible. Similarly, If banknifty starts trading below 48950 level then downside fall expected upto the 48550 level.
FLUSH happens as its on the same point of juncture but recovers just as a recoil so be aware, 99,650 buys again. So flash dump yeah, Back to 105k! Flash dump to 97k can happen.
Based on the H4 chart, price is falling toward the buy entry at 159.27, which aligns with the 127.2% Fibonacci extension and the 78.6% Fibonacci projection. This level is expected to act as a strong entry point in the bullish setup. Our take profit is set at 160.88, targeting a key resistance level, marking a logical exit point for the trade. The stop loss is set at 157.73, below the 161.8% Fibonacci extension, providing room for price fluctuations while protecting against invalidation of the bullish bias. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com/au Stratos Global LLC (www.fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
LCX could blow up, MACD just turned bullish, multiple green candles, Bitcoin providing momentum.
Long term BTC has without a doubt printed an inverse head and shoulders pattern but that move to 108K was a breakout move. Buying pressure slowly dying down and as people move to take profits I'm expecting a pullback to the 69K area. Inevitable.
Based on the H4 chart, the price is currently at our sell entry level at 1.44019, which is a pullback resistance near the 61.8% Fibonacci retracement. This level is expected to act as a potential reversal point in the bearish setup. Our take profit is set at 1.43068, aligning with a swing low support level, marking a logical target for the trade. The stop loss is set at 1.44585, a swing high resistance, providing room for price fluctuations while protecting against invalidation of the bearish bias. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com/au): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com/au Stratos Global LLC (www.fxcm.com/markets): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.